FPANJ members are appearing everywhere! Our new section brings these stories to you. Interested in commenting on financial planning issues in local and national publications? Please contact our PR Director Maria Semple at Maria@theprospectfinder.com to learn more about this opportunity within the Public Relations Committee of the FPANJ.
Jerry & Linda Boisseau and Amherst Financial Services won the Ocean County YMCA 2013 Red Triangle Award. Jerry Boisseau has been a member since 1983. He is a past member of the Institute of Certified Financial Planners and a Past-President of the Central New Jersey Chapter of the International Association for Financial Planning (IAFP).
By Mitch Anthony
Helping Your Clients Give Thanks
What people or causes have made an impact in your life and in the lives of those you love? What we are really asking here is, "Who has helped you along the way?" or, maybe even, "Who do you wish had been there along the way?"
By Milind J. Shah, CFP®
This year, we decided to focus on Elizabeth, NJ to host our fourth Financial Planning Day. Mayor J. Christian Bollwage wanted to host the event again due to the success the City and its partnership with the FPA had in prior years. This year, the Fourth Annual Financial Planning Days Program took place at the YMCA of Eastern Union County, Elizabeth, NJ on October 26, 2013.
Milind J. Shah, CFP®, FPANJ Pro Bono & Financial Literacy Director (left) and Elizabeth Mayor J. Christian Bollwage (right)
By William Stratton, CFP®
The FPANJ seeks to established relationships with political and business leaders through its membership in the New Jersey Chamber of Commerce and the New Jersey Business and Industry Association. These memberships provide the FPANJ board members an opportunity to attend meetings and events where they can discuss FPANJ activities and the value of financial planning with political and business leaders.
Bill Stratton, Government Relations Director, spoke with Kevin O’Dowd, Chief of Staff for Governor Christie, at a recent New Jersey Business and Industry Association ‘Meet the Decision Makers – Governor’s Key Advisors’ meeting where Kevin O’Dowd and Charles McKenna, Chief Counsel for the Governor, discussed the Administration’s priorities and key legislative issues. Matt Greller, Esq. is also in the picture.
Photo courtesy New Jersey Business and Industry Association.
Bill Stratton and Kevin O’Dowd, Chief of Staff for Governor Christie, at NJBIA meeting, April 23, 2013
By Diane De Oliveira, CFP®
“Times They Are A-Changin’” was the theme of the Major Conference Committee’s full day forum held on October 23, 2013 at the Woodbridge Hilton. Attendees were informed on timely, educational and relevant topics facing our industry.
The day started with our pre-conference presented by John R. Hill, CFP® of Pinnacle Advisory Group, who spoke to our members about the importance of succession/continuity planning. John shared options and solutions that individuals and small firms could consider for maximizing the value of their current businesses.
By Everett M. Lo
Encouraging Consumers to Register for Their My Social Security Account
I am writing to you today to ask for your help in encouraging your staff and clients to take charge of their financial future by registering for their My Social Security account, especially beneficiaries who need proof of their monthly Social Security income. My Social Security is a free, online service provided by the Social Security Administration through which people who currently receive a monthly Social Security and/or Supplemental Security Income (SSI) benefit may obtain proof of income without having to visit their local Social Security office or call our national toll-free number.
Red Bank Street Fair
Tim Knotts, CFP®, FPANJ Membership Group Director, Tom Duffy CFP® MBA, FPANJ Past-President, and William Stratton, CFP®, Government Relations Director participated in the Red Bank Street Fair in September.
By Diane De Oliveira, CFP®
Mark your calendars now for our Spring Conference, to be held on April 23, 2014. We are in the process of finalizing our speaker line-up and are happy to announce keynote speakers scheduled to speak this spring include, Michael Kitces, CFP®, MSFS, MTAX, CLU®, ChFC®, RHU®, REBC®, CASL®, and Sam Stovall, CFP®. Also, Deirdre R. Wheatley-Liss, Esq. PORZIO, BROMBERG & NEWMAN, P.C. who will be speaking on strategies for estate and income tax planning in our current environment of higher taxes and a higher lifetime unified credit.
Michael Kitces, CFP®, MSFS, MTAX, CLU®, ChFC®, RHU®, REBC®, CASL®, and Sam Stovall, CFP®
By Rob Isbitts
In the first of a regular series in my Informed Investing blog, let’s count down the top 10 things that give investors the willies in today’s investment environment. These are situations known to even casual investors, but may or may not be communicated to them effectively by their financial advisors. The explanations will be brief here, but I will certainly go into them in more depth if blog readers request that. Here goes:
10. Housing bubble II – in the spirit of great movie sequels, this one would get low ratings…but everyone would be glued to the screen. There is growing evidence that in parts of the country, home prices are again stretched beyond the reach of reality (not to be confused with “realty”).
9. Inflation – no one talks about it, but all of this easy money has a counter-effect down the line
8. European debt crisis – Greece, Spain and Italy have been quiet…too quiet. The situation overseas has been far less newsworthy of late, but the still-missing ingredient is sustained economic growth. That is the worry.